It's a nice perk, but not on par with regular gift card discounts. Average is about 25%.

GLWS though.

Regular gift card discounts exist because there's no membership associated with the respective merchants. Costco has a membership fee of $110 annually. If you use a gift card you don't need to pay said fee so in essence you're getting more than 25% off if you do the math

That's why these sell for full value (or even above full value) on eBay

__________________

Disclaimer: Above material may be complete bullshit and is not intended for use by conservatives or children under the age of five.